Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/217016 
Year of Publication: 
2020
Series/Report no.: 
CESifo Working Paper No. 8265
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within countries, the impacts are highly unequal and exacerbate existing inequalities. Workers in alternative work arrangements and in occupations in which only a small share of tasks can be done from home are more likely to have reduced their hours, lost their jobs and suffered falls in earnings. Less educated workers and women are more affected by the crisis.
Subjects: 
recessions
inequality
labor market
unemployment
coronavirus
JEL: 
J21
J22
J24
J33
J63
Document Type: 
Working Paper
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